Forex Stop Loss, Exit, and Limit Orders
A common money management strategy used by traders to risk only a fixed percentage (usually less than 5%) of your equity per each trade. This way you are losing money in a limited amount. This practice is called a “stop loss” setting that you place on your trades. It’s also referred to as a “Limit Order”.How to Make Money on Forex Market Using Automated Forex Software
Are you new to or thinking about getting into forex trading? If the answer is yes, then you need to know how to make money on forex market using automated forex software. It can reduce the risk of loss as well as taking much of the guess work out of trading in foreign currencies.Best Forex Trading Software – FAP Turbo Developed and Shared by Professionals to Make More Money!
FREE tips and advice on best Forex trading software. Using the right information, you are on your way to create great wealth with Forex trading!The Past and Present of Forex Trading
Forex trading is becoming more and more popular nowadays. We can hear and read about currency trading from our day to day life, either from our colleagues or friends. It seems like everyone is talking about it. I remember that I used to read about currency exchange only in the newspaper. It was the time when I need to exchange my local currency to the foreign currency that I need to have for my vacation. During that era, only the banks and licensed money exchangers were the medium for me to do currency exchange transaction. Yes, everything was physical those days. Today, forex trading is accessible by everyone. Have you ever ask why currency trading is so popular nowadays, as compared to the past? Simple, here are the reasons:E-Mini Chart Set Up – Get the Most Out of Your Charts
Charting systems for the financial markets have grown leaps and bounds in the past decade and nowhere is that more apparent than in the e-mini markets. So much of the contracts daily volume is handled through day trading that it has pushed retail charting packages to new heights. Ten years ago it would have been impossible for a retail trader working out of his home office to beat Wall Street firms for technology but now most charting software is readily accessible to the public.Automatic Forex Trading Without Fear
I bought some software that had little green and red arrows telling me when to buy or sell and all I had to do was do what it told me to. After many losing trades, however, my confidence had been all but evaporated. I wasn’t making money and beyond that, I was too afraid to enter trades, period.Spot, Forward and Cross Rate – Simplified
First the basics: Bid rate: The rate at which the bank or dealer is willing to bid or buy the unit currency. For example, if a bank gives you a quote of 1.3450 AUD / USD means that the bank is willing to buy 1 American dollar from you and give 1.3450 Australian dollar in return.What to Look For When Selecting Forex Trading Robot Software
This article is about forex trading robot software. It examines the popularity of software applications used to trade and analyze currency. The article also provides information on the features you should consider before purchasing any application. In today’s world, it is unthinkable to trade foreign exchange without the assistance of a trading robot.